Author: TSX Stocks

KELOWNA, BC / ACCESS Newswire / June 23, 2025 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) (“Avant” or the “Company”), a leading producer of innovative and award-winning cannabis products, is pleased to announce several significant developments that underscore the Company’s accelerating global growth strategy and strengthening market leadership across Canada.

Strategic International Supply Agreements Signed

Avant has entered into two multi-year international supply agreements serving the European medical cannabis market. Under the terms of the agreements, Avant will export up to 2,000 kilograms per year of GACP-certified, non-irradiated dried flower across several proprietary cultivars cultivated at its flagship Flowr and 3PL facilities.

These agreements further position Avant as a preferred supplier of high-grade flower into regulated international markets. These agreements were executed following rigorous quality assurance reviews and leverage Avant’s certifications under ICANN-GAP and GACP standards.

“These supply agreements are an important validation of Avant’s global credibility and our reputation for consistent quality,” said Norton Singhavon, Founder and CEO of Avant Brands. “They not only unlock substantial recurring revenue but also solidify our footprint across key international jurisdictions.”

Focused Product Expansion in Canada’s Largest Cannabis Market

Avant has reached a significant commercial milestone by securing over 30 new SKU listings for 2025 across Ontario and B.C. – two of Canada’s most competitive cannabis markets. This expansion spans the Company’s flagship brands, BLK MKT™ and Tenzo™, and represents one of the most focused and impactful portfolio deployments in Avant’s history.

Unlike broad-based listing pushes, these new SKUs were strategically submitted based on detailed whitespace analysis, category-level performance data, and evolving consumer demand signals. The result is a portfolio expansion that not only strengthens Avant’s retail presence but also positions the Company for growth in key high-potential segments (in both mid-tier and premium) – ranging from top-shelf dried flower, single & multi-pack whole flower pre-rolls and infused offerings, to innovative new formats tailored to shifting market dynamics.

“Canada is a strategic battleground, and this expansion confirms that our brands are resonating with both budtenders and consumers alike,” said Singhavon. “It’s a testament to our team’s ability to execute with precision – leveraging market intelligence, designing thoughtful products, and delivering with operational excellence.”

Product Innovation and Medical Relaunch

First-to-Market Innovations: Avant is among the first Canadian LPs to launch transparent packaging and premium 1.5g pre-rolls, leveraging recent regulatory amendments by Health Canada. These innovations reinforce Avant’s reputation as a category leader in design, quality, and consumer experience.

Avant Medical Relaunch: The Company’s medical division is being rebranded and relaunched as Avant Medical, with a renewed focus on serving Canadian patients and veterans. The new platform will offer enhanced access to premium cultivars at significantly more competitive pricing and will feature a refreshed product catalog exclusive to the medical channel.

Director Resignation

Avant also announces that Ms. Sylvia Lee has made the decision to resign from the Company’s Board of Directors. Ms. Lee has diligently served on the Board for more than four years and has been instrumental contributing her immense experience to Avant through key phases of growth and strategic transformation.

The Company would like to sincerely thank Ms. Lee for her dedication, guidance, and contributions to Avant, and wishes her continued success in all future endeavors.

Positioned for Sustained Growth

Taken together, these developments mark a pivotal moment in Avant’s growth trajectory. The Company is executing a disciplined and scalable strategy-focused on quality, brand equity, and global market access-that continues to translate into material commercial outcomes.

“As we continue to expand both internationally and domestically, our focus remains clear: to be the dominant player in the premium cannabis segment,” said Singhavon. “Our foundation is stronger than ever-and we are just getting started.”

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

About Avant Brands Inc.

Avant is an innovative, market-leading premium cannabis company. Avant has multiple operational production facilities across Canada, which produce high-quality, handcrafted cannabis products based on unique and exceptional cultivars.

Avant offers a comprehensive product portfolio catering to recreational, medical, and export markets. Our renowned consumer brands, including BLK MKT™, Tenzo™, Cognōscente™, flowr™ and Treehugger™, are available in key recreational markets across Canada. Avant’s products are distributed globally to Australia, Israel and Germany, with its flagship brand BLK MKT™ currently being sold in Israel. Additionally, Avant’s medical cannabis brand, GreenTec™, serves qualified patients nationwide through its GreenTec Medical portal and trusted medical cannabis partners.

Avant is a publicly traded corporation listed on the Toronto Stock Exchange (TSX: AVNT) and accessible to international investors through the OTCQX Best Market (OTCQX: AVTBF) and Frankfurt Stock Exchange (FRA: 1BU0). Headquartered in Kelowna, British Columbia, Avant operates in strategic locations including British Columbia, Alberta, and Ontario.

For more information about Avant, including access to investor presentations and details about its consumer brands, please visit www.avantbrands.ca.

For further inquiries, please contact:

Investor Relations at Avant Brands Inc.

1-800-351-6358

ir@avantbrands.ca

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:

This press release contains “forward-looking statements” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In particular, forward-looking statements in this release include, but are not limited to, statements regarding: the anticipated benefits and commercial impact of Avant’s international supply agreements; the expected annual export volumes of dried cannabis flower; the exclusivity arrangements and their potential to enhance brand presence in international markets; the projected growth in Ontario retail distribution; the expected performance of newly listed SKUs; the impact of product innovations including transparent packaging and premium 1.5g pre-rolls; the anticipated benefits of the Avant Medical rebrand and relaunch; and Avant’s overall ability to execute on its global growth strategy and strengthen its competitive positioning in both domestic and international markets.

Forward-looking statements are often, but not always, identified by words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” “may,” “will,” “potential,” “could,” “should,” “continue,” or similar expressions suggesting future outcomes or events. These statements are based on the current expectations, estimates, projections, beliefs, and assumptions of management and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control.

Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those expressed or implied in such statements. These risks include, but are not limited to: the ability of Avant to successfully fulfill the terms and volumes under international supply agreements; demand and pricing fluctuations in export markets; regulatory changes in Canada or in international jurisdictions that could impact cannabis exports or product approvals; the successful execution of new product launches; consumer acceptance and sell-through of new SKUs in Ontario and other provinces; the effectiveness and market reception of the Avant Medical relaunch; the reliability and scalability of Avant’s supply chain; competitive dynamics in the domestic and global cannabis industry; and other risks as detailed in the Company’s public filings on SEDAR+ at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking statements. Avant undertakes no obligation to update any forward-looking statements contained herein, except as required by applicable law. All forward-looking statements in this release are expressly qualified in their entirety by this cautionary statement.

SOURCE: Avant Brands Inc.

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The goal of rational investors is to maximize total return.

Total return is the complete return of an investment over a given time period. It includes all capital gains and any dividends or interest paid.

The 3 aspects of total return for stocks are:

• Dividends
• Change in earnings-per-share
• Change in the price-to-earnings multiple

We calculate expected total returns using the 3 aspects of total return for more than 600 securities in The Sure Analysis Research Database.

While we currently rate many of the stocks we cover as buys, due to expected annual returns above 10%, many are rated as holds due to mediocre returns.

Additionally, there are also plenty of stocks we currently rate as sells.

Typically, low (or negative) projected total return is due to overvaluation. Put simply, many of the stocks we rate as sells are overvalued, due to their high current valuations.

Buying overvalued stocks can result in low, or negative, future returns, even with a high dividend yield.

With that in mind, this article will cover 10 high dividend stocks we currently rate as sells according to their low projected total returns.

The list is sorted by annual expected returns over the next five years, from lowest to highest.

High Dividend Stock To Sell #10: H&R Real Estate Investment Trust (HRUFF)

• Annual Expected Return: -2.1%

H&R Real Estate Investment Trust holds a portfolio of 374 properties across Canada and the United States. The portfolio includes 26 residential properties with a total of 8,929 rental units, mainly focused on expanding its presence in the U.S. Sun Belt.

Moreover, the REIT owns 64 industrial properties in Canada and one in the U.S., totaling 8.2 million square feet of space. Additionally, H&R holds 16 office properties across North America, comprising 4.5 million square feet, and 34 retail properties in Canada along with 233 retail properties in the U.S., totaling 5.2 million square feet.

The company’s strategy these days focuses on residential and industrial assets, while reducing its exposure to office and retail sectors.

The REIT pays dividends monthly and reports its financials in CAD. All figures in this report have been converted to USD unless otherwise noted.

On May 14th, 2025, H&R Real Estate Investment Trust reported its Q1 results. The REIT posted total rental revenue of $148.1 million for the quarter, a decrease from $150.9 million in Q1 2024.

This drop reflects the impact of property dispositions and shifting portfolio composition. H&R’s Funds from Operations was $59.8 million, essentially flat compared to $59.8 million in Q1 2024.

Click here to download our most recent Sure Analysis report on HRUFF (preview of page 1 of 3 shown below):

High Dividend Stock To Sell #9: Sabine Royalty Trust (SBR)

• Annual Expected Return: -0.5%

Sabine Royalty Trust is an oil and gas trust set up in 1983 by Sabine Corporation. At initiation, the trust initially had an expected reserve life of 9 to 10 years but it has surpassed expectations by an impressive margin.

The trust consists of royalty and mineral interests in producing properties and proved oil and gas properties in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas. It is roughly 2/3 oil and 1/3 gas in terms of revenues.

The trust’s assets are static in that no further properties can be added. The trust has no operations but is merely a pass-through vehicle for royalties. SBR had royalty income of $82.6 million in 2024.

In early May, SBR reported (5/9/25) financial results for the first quarter of fiscal 2025. Production of oil grew 22% but production of gas dipped -1% over the prior year’s quarter. In addition, the average realized prices of oil and gas decreased -26% and -7%, respectively. As a result, distributable cash flow per unit declined -6%, from $1.27 to $1.19.

The outlook for this year is negative, as OPEC has begun to unwind its production cuts and intends to boost its output by 2.0 million barrels per day until the end of 2026.

Click here to download our most recent Sure Analysis report on SBR (preview of page 1 of 3 shown below):

High Dividend Stock To Sell #8: The Keg Royalties Income Fund (KRIUF)

• Annual Expected Return: 1.2%

The Keg Royalties Income Fund is a publicly traded income trust that earns revenue via a 4% royalty on the gross sales of Keg Steakhouse & Bar restaurants included in its Royalty Pool, rather than operating restaurants itself.

As of the end of March, the Fund’s Royalty Pool comprised 104 Keg locations across Canada and the U.S. Last year, the Fund generated $719.5 million in sales.

The Keg holds a strong market position in the full-service dining category, committed to upholding high standards of food quality and guest experience.

It reports financials in CAD, but we have converted all numbers in this report in USD unless otherwise noted. Shares trade on the Toronto Stock Exchange and OTC.

On May 7th, 2025, The Keg Royalties Income Fund reported its Q1 results for the three months ended March 31st, 2025. For the period, the 104 Keg restaurants in the Royalty Pool generated approximately $139.5 million in sales, reflecting a 6.9% increase from the comparable quarter of the prior year.

This rise was primarily driven by strong same-store sales growth of 9.2%, despite the closure of one restaurant.

Click here to download our most recent Sure Analysis report on KRIUF (preview of page 1 of 3 shown below):

High Dividend Stock To Sell #7: Peyto Exploration & Development (PEYUF)

• Annual Expected Return: 2.4%

Peyto Exploration & Development is a Canadian natural gas producer focused on the exploration and development of liquids-rich gas plays in Alberta’s Deep Basin.

The company is one of the lowest-cost natural gas producers in Canada and operates a vertically integrated model, handling drilling, completions, processing, and marketing in-house.

Peyto’s production is about 88% natural gas and 12% natural gas liquids, with a core emphasis on maximizing return on capital and maintaining low per-unit costs.

As of year-end 2024, Peyto held over 8.2 trillion cubic feet equivalent in proved plus probable reserves. It also maintains long-term marketing and hedging contracts to smooth cash flows and enhance price realizations across multiple North American hubs.

The company reports in financials in CAD. All figures in this report have been converted to USD unless otherwise noted.

On May 13th, 2025, Peyto posted its first-quarter results for the period ending March 31st, 2025. Revenue from natural gas and NGL sales including realized hedging gains rose by 7% to $255.1 million, driven by a 7% increase in production volumes, which offset flat pricing. The growth was largely due to strong well results from the Company’s capital program.

Click here to download our most recent Sure Analysis report on PEYUF (preview of page 1 of 3 shown below):

High Dividend Stock To Sell #6: Timbercreek Financial Corp. (TBCRF)

• Annual Expected Return: 3.1%

Timbercreek Financial is a Canadian non-bank lender specializing in shorter-duration, structured financing solutions for commercial real estate investors.

The company provides primarily first-mortgage loans for income-producing properties, including multi-residential, retail, industrial, and office assets.

Its loans are typically used for acquisition, redevelopment, or transitional financing, and are often repaid through term financing or asset sales.

Timbercreek’s portfolio is 100% commercial real estate-focused and highly urban, with about 92% of capital invested in Ontario, British Columbia, Quebec, and Alberta. Its lending model emphasizes conservative loan-to-value ratios (63.3% as of year-end 2024) and floating-rate loans with rate floors, providing downside protection and interest rate sensitivity.

All figures in this report have been converted in USD unless otherwise noted.

On May 5th, 2025, Timbercreek Financial reported its Q1 results for the period ending March 31st, 2025. Distributable income for the quarter was $11.1 million, or $0.14 per share, compared to USD $11.4 million, or $0.14 per share, in Q1 2024.

This reflected a slightly lower average portfolio yield and a modest increase in expected credit loss, offset by higher average portfolio balances.

Click here to download our most recent Sure Analysis report on TBCRF (preview of page 1 of 3 shown below):

High Dividend Stock To Sell #5: NorthWest Healthcare Properties (NWHUF)

• Annual Expected Return: 3.7%

Northwest Healthcare Properties is a globally diversified healthcare real estate investor and asset manager. Its footprint spans 172 income-producing properties across Canada, the U.S., Brazil, Europe, and Australasia.

The portfolio totals over 16 million square feet of gross leasable area, anchored by long-term, inflation-linked leases to high-quality healthcare operators.

The REIT also has a sizeable asset management business, overseeing $8.8 billion in AUM, of which $1.8 billion is owned directly and $4.0 billion managed through joint ventures. The REIT pays distributions on a monthly basis and reports its financials in CAD. All figures in this report have been converted to USD unless otherwise noted.

On May 14th, 2025, Northwest Healthcare REIT posted its Q1 results for the period ending March 31st, 2025. Revenue came in at $80 million, down 18% year-over-year due to significant asset sales.

Net operating income came in at $55.5 million, with occupancy holding at 96.4% and a 13.6-year WALE, supported by inflation-linked leases covering over 96% of rent.

Q1 FFO was $0.05 per unit, down from $0.08 last year, reflecting the smaller portfolio and ongoing deleveraging. During the quarter, the REIT sold $33.8 million of assets and used proceeds to repay over $478 million of debt, lowering its average interest rate to 5.33%.

Click here to download our most recent Sure Analysis report on NWHUF (preview of page 1 of 3 shown below):

High Dividend Stock To Sell #4: USA Compression Partners LP (USAC)

• Annual Expected Return: 4.0%

USA Compression Partners, LP is one of the largest independent providers of gas compression services to the oil and gas industry, with annual revenues of $950 million in 2024.

The partnership is active in several shale plays throughout the U.S., including the Utica, Marcellus, and Permian Basin. It focuses primarily on infrastructure applications, including centralized high-volume natural gas gathering systems and processing facilities, requiring large horsepower compression units.

It designs, operates, and maintains the compression units. USAC operate under fixed-fee, take-or-pay contracts, and does not have direct exposure to commodity prices.

USAC reported first quarter 2025 results on May 6th, 2025. Revenues for the quarter rose to $245 million compared to $229 million in Q1 2024. Distributable cash flow increased from $87 million to $89 million in Q1. The distribution was held steady at $0.525 per unit, in line with last year.

Distributable cash flow coverage was 1.44X for the quarter, compared to 1.41X last year. Revenue generating horsepower was up year-over-year to 3.56 million. Management reiterated its 2025 outlook for DCF and forecasts $350 million to $370 million.

Click here to download our most recent Sure Analysis report on USAC (preview of page 1 of 3 shown below):

High Dividend Stock To Sell #3: Pizza Pizza Royalty Corp. (PZRIF)

• Annual Expected Return: 4.0%

Pizza Pizza Royalty Corp. is a Canadian entity which collects and distributes a dividend stream based on royalties earned from the Pizza Pizza and Pizza 73 restaurant chains.

The company’s base reporting currency is Canadian Dollars, but this report will use U.S. Dollar figures except when otherwise noted.

Pizza Pizza Royalty Corp. receives income from 797 combined total restaurant locations across Canada under its two brands. More than 150 of these are non-traditional locations sited in public places such as universities and hospitals.

Pizza Pizza has outsized exposure to the province of Alberta thanks to its ownership of Pizza 73 which is centered in that province.

Pizza Pizza reported its Q1 2025 results on May 7th, 2025. Same store sales grew 1.2% in Q1 versus the prior year. While nothing extraordinary, this was a sequential improvement as Pizza Pizza had reported negative same store sales throughout 2024.

While revenues ticked up, so did expenses, leading to flattish results. EPS of 17 cents fell by 1% from the same period of the prior year.

Click here to download our most recent Sure Analysis report on PZRIF (preview of page 1 of 3 shown below):

High Dividend Stock To Sell #2: Northland Power (NPIFF)

• Annual Expected Return: 4.1%

Northland Power develops, builds, owns, and operates power generation assets, including offshore and onshore wind, solar, natural gas, and battery energy storage systems.

It also supplies energy through a regulated utility in Colombia. Northland manages 3.2 GW of gross operating capacity and has 2.4 GW in active construction across three projects: Hai Long (Taiwan), Baltic Power (Poland), and Oneida (Canada), with a broader development pipeline totaling about 10 GW.

Northland reports in CAD. All figures have been converted to USD unless otherwise noted. On May 13th, 2025, Northland Power reported its Q1 results for the period ending March 31st, 2025. Revenue declined 14% year-over-year to about $467 million, primarily due to exceptionally low wind conditions in Europe and a strong wind quarter the year prior, partially offset by higher contributions from North American onshore wind and natural gas assets.

Adjusted EBITDA fell 20% to approximately $260 million, reflecting weaker offshore wind production despite continued operational discipline. Net income fell to $80 million from $107 million a year earlier, driven by the same headwinds in offshore generation and derivative fair value changes.

Click here to download our most recent Sure Analysis report on NPIFF (preview of page 1 of 3 shown below):

High Dividend Stock To Sell #1: ARMOUR Residential REIT (ARR)

• Annual Expected Return: 4.3%

ARMOUR Residential invests in residential mortgage-backed securities that include U.S. Government-sponsored entities (GSE) such as Fannie Mae and Freddie Mac.

It also includes Ginnie Mae, the Government National Mortgage Administration’s issued or guaranteed securities backed by fixed-rate, hybrid adjustable-rate, and adjustable-rate home loans.

Unsecured notes and bonds issued by the GSE and the US Treasury, money market instruments, and non-GSE or government agency-backed securities are examples of other types of investments.

On April 23, 2025, ARMOUR Residential REIT reported its financial results for the first quarter of 2025. The company announced a GAAP net income available to common stockholders of $24.3 million, or $0.32 per common share.

Distributable earnings, a non-GAAP measure, were $64.6 million, equating to $0.86 per common share. Net interest income for the quarter stood at $36.3 million.

The average interest income on interest-earning assets was 5.00%, while the interest cost on average interest-bearing liabilities was 4.51%, resulting in an economic net interest spread of 1.88%. The company’s book value per common share decreased to $18.59 from $19.07 at the end of 2024, and the total economic return for the quarter was 1.26%.

Click here to download our most recent Sure Analysis report on ARMOUR Residential REIT Inc (ARR) (preview of page 1 of 3 shown below):

Final Thoughts & Additional Reading

High dividend stocks are naturally appealing on the surface, due to their high dividend yields.

But income investors need to make sure they do not fall into a dividend ‘trap’, meaning purchasing an overvalued stock solely due to its high yield.

There are other important factors when buying stocks, specifically the total return potential. Stocks with negative or low future returns should be sold, even when they offer a high dividend yield.

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More By This Author:

The 10 Highest Yielding Dividend Champions
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15 Highest Yielding Utility Stocks

DeLisle Worrell.

ChatGPT has predicted the end-of-year prices of three major cryptocurrencies: XRP, Shiba Inu, and Bitcoin Cash.

The AI chatbot believes that $XRP can hit a high of $15, almost 600% up from its current price of $2.15. This could be thanks to increasing $XRP adoption and possible ETF approvals.

Recently, the Ontario Securities Commission (OSC) approved the launch of a spot XRP ETF on the Toronto Stock Exchange (TSX). Also, the SEC is expected to approve an $XRP ETF in the US as well.

Plus, around 2,700 wallets now hold more than 1M $XRP, which is the highest level of adoption seen to date. This shows increasing global corporate interest in the Ripple-based payment crypto.

Keep reading to find out GPT’s predictions for the other two tokens, our take on its predictive abilities, and why, despite being a good option for research, it doesn’t stack up to trading tools like Snorter Token, arguably the most powerful sniping bot on the market.

ChatGPT on Shiba Inu & Bitcoin Cash

ChatGPT believes Shiba may hit $0.00008–$0.00012 by the end of the year. The asset is currently trading at $0.00001160, which means it would see a 10x rise according to GPT’s prediction.

While it may seem steep, increasing adoption of Shiba’s Layer 2 solution, Shibarium, alongside token burn events may propel the coin to new highs.

On the other hand, GPT has made a more modest prediction for Bitcoin Cash ($BCH), expecting it to reach around $1,200-$1,500 by the end of 2025, a 3x increase from the current price of $464.

$BCH has already moved more than 30% in the last 2 months, showing good bullish momentum. So, it’s absolutely possible for the asset to close the year somewhere near to ChatGPT’s predictions.

While the predicted numbers may seem outrageous to some, they aren’t exactly unfathomable.

Crypto markets are known for their crazy directional moves, and with several bullish legislative and institutional signals flaring up, ChatGPT’s predictions may prove to be pretty accurate.

Here’s the kicker: while ChatGPT can provide pretty educated price analysis based on current market trends and sentiment, it can’t execute trades on your behalf, let alone keep you safe from any dangers that come with trading meme coins.

That’s where Snorter Bot, powered by the Snorter Token, becomes a sight to behold.

What is Snorter Token?

Snorter Token ($SNORT) is the crypto behind Snorter Bot, a new Telegram-based trading bot that aims to provide retail meme coin degens a level playing field alongside whales and institutions.

Snorter’s biggest selling point stands in its advanced trading tools and its ability to snipe the best meme coins as soon as they’re listed on exchanges.

This is a game-changing feature because early snipes are usually the ones that capture massive gains before the broader market tags along.

Another huge benefit of using Snorter Bot is low trading fees.

Unlike the competition, such as Banana Gun and Bonk Bot, which charge a minimum of 1%, Snorter Bot clamps it down to just 0.85%. Thanks to this, you’ll retain more of your profits when trading.

How Snorter Bot Keeps You Safe from Scams and Attacks

Snorter Bot’s security is top of the ladder, too. For starters, your swaps are routed through a private Solana RPC infrastructure, which ensures priority execution and front-running protection.

Snorter Bot also uses MEV-resistant relays, which will safeguard you against sandwich attacks.

For those unaware, sandwich attacks are incredibly dangerous and used by malicious actors to exploit price slippage, which ends up costing you more per transaction.

Is $SNORT the Best Crypto to Buy Now?

According to our $SNORT price prediction, the Snorter Token could be the next crypto to explode, seeing as it’s expected to surge 3,290% and reach $3.25 by 2030.

Much of this growth is down to Snorter’s trading features and tight security, which will keep the $SNORT token in high demand. However, we must also consider the potential of the overall crypto trading bot market.

It was valued at a whopping $1.2B in 2023. More importantly for our analysis, it’s expected to reach $4.5B by 2030, with a CAGR of 15.6%.

Another reason for Snorter’s exponential growth would be its Telegram roots. After all, it’s an insanely popular platform among traders, who make up a fair chunk to its 950M active monthly users.

So, in addition to giving you access to one of the best trading bots going around, buying $SNORT could also prove to be a good crypto flip once the token presale ends.

To learn more about the project, check out its whitepaper. You can also join its X and Instagram channels for regular updates and communication.

Disclaimer: While there’s no second-guessing $SNORT’s value proposition, bear in mind that investments in crypto are subject to market risks. Always do your own research before investing. This article isn’t financial advice.

Highlights

• Southern Cross Gold (ASX:SX2) has received conditional approval to list on the Toronto Stock Exchange

• The company continues to its ASX listing and operates within the ASX 300 and All Ordinaries indices

• Sunday Creek Project underscores dual-metal value with gold and antimony mineralization

Southern Cross Gold Consolidated Ltd (ASX:SX2) operates within the materials sector, a presence on the ASX 300 and the broader All Ordinaries of the Australia share market. The company has announced receipt of conditional approval to graduate from the TSX Venture Exchange to a listing on the Toronto Stock Exchange, a move that aligns with its growing strategic significance in the global mining landscape. SX2 will retain its listing on the ASX, allowing Australian market participants continued exposure to its performance.

TSX Listing Approval and Strategic Dual-Market Access

The conditional listing on the Toronto Stock Exchange expands Southern Cross Gold’s visibility within North American markets. This development reflects the growing relevance of SX2’s primary asset, the Sunday Creek Project, located north of Melbourne. Final listing on the TSX remains contingent upon standard procedural requirements, after which the company will delist from the TSX Venture Exchange and commence trading on the TSX under the symbol SXGC.

Sunday Creek Project and Mineral Profile

The Sunday Creek Gold-Antimony Project represents a significant exploration and development effort focused on a high-grade dual-metal system. Situated in a region known for its mineral-rich geology, the project features a unique “Golden Ladder” structure. This pattern of mineralization has been tracked from surface to over a kilometer underground, extending along a multi-kilometre strike.

The combined presence of gold and antimony sets Sunday Creek apart. Antimony, which has gained geopolitical significance following export restrictions from key producers, adds strategic weight to the project’s output. While gold remains the dominant economic driver, the antimony content offers an additional layer of relevance, particularly in the context of defense and technology applications.

Positioning Within Global Critical Mineral Supply Chains

Southern Cross Gold has drawn increased attention due to its inclusion in the United States Defense Industrial Base Consortium and its alignment with legislative updates under the AUKUS framework. These developments position SX2 as a contributor to Western supply chains for critical materials, especially antimony. With key metals like antimony now prioritized for domestic sourcing by multiple governments, Sunday Creek’s dual-metal structure places it in a favorable supply position.

Exploration Activity and Land

The company controls a sizable free land package in the Sunday Creek area, which supports long-term exploration and operational flexibility. An extensive drill program, expected to progress through the third quarter of 2025, reflects ongoing efforts to define and expand the resource base. Drilling to date has yielded consistently mineralized intercepts, strengthening the project’s geological continuity.

Technical Attributes and Metallurgical Efficiency

Initial metallurgical assessments at Sunday Creek have demonstrated favorable characteristics for conventional processing. The mineralization is classified as non-refractory, which supports efficient gold recovery via gravity separation and flotation techniques. These processing efficiencies contribute to the feasibility of long-term extraction while maintaining a lower environmental and operational footprint.

Dividend Relevance Within Corporate Framework

Although Southern Cross Gold remains primarily focused on exploration and project development, its presence in indices like the ASX 300 and All Ordinaries places it among companies often observed for future generating. Entities within these indices are frequently monitored in relation to asx dividend stocks, particularly as they progress toward operational maturity and production phases.

Market and Expansion Path

Southern Cross Gold’s advancements underline a broader trend in the resource sector toward securing diversified listings and engaging cross-jurisdictional bases. The TSX approval and ongoing development at Sunday Creek reinforce the company’s alignment with structural shifts in critical mineral demand and the importance of secure, scalable exploration assets across politically stable jurisdictions.

Highlights

• Southern Cross Gold (SX2) secures conditional nod for TSX main board listing

• Shares to remain listed on ASX, part of the ASX 300 and All Ordinaries indices

• No shareholder action required as TSX transition progresses

Southern Cross Gold (ASX:SX2), a mining company listed on both the ASX 300 and the all ordinaries, has confirmed it has received conditional acceptance for an upgrade from the TSX Venture Exchange to the Toronto Stock Exchange. The move reflects the company’s pursuit of broader market visibility while continuing its established presence in Australia through the Australian Securities Exchange.

TSX Listing Approval and Planned Transition

The planned transition to the TSX remains subject to standard documentation completion. Once finalized, the shares will begin trading on the TSX under the new symbol SXGC, and the delisting from the TSX Venture Exchange will follow. Despite the change in Canadian market platforms, SX2 will retain its listing on the ASX. Shareholders will not be required to make any changes, and both the trading symbol and CUSIP are expected to remain consistent.

ASX and All Ordinaries Positioning

Southern Cross Gold continues to trade as part of both the ASX 300 and all ordinaries, indicating its standing within the broader spectrum of the Australian share market. These indices encompass a wide range of companies across sectors, and inclusion the company meets specific trading volume and capitalisation benchmarks. Mining plays a substantial role in these indices, highlighting the relevance of companies like SX2 within the Australian economic landscape.

Cross-Market Strategy for Broader Visibility

The dual listing framework that includes the ASX and TSX may provide SX2 with added presence across two of the most active mining jurisdictions globally. This strategy is commonly seen among resource exploration firms aiming to reflect operations in both Australia and North America. With both exchanges facilitating substantial activity in natural resource equities, this shift aligns with prevailing industry structures.

Operational Continuity and Shareholder Clarity

The company has stated there is no requirement for any shareholder action during this transition phase. Existing structures such as account, symbol reference, and identification numbers remain unaffected by the Canadian listing shift. The final commencement date for TSX trading will be communicated upon completion of the required documentation steps.

Maintaining ASX Presence During TSX Expansion

Despite the Canadian listing adjustment, SX2 retains its position in the Australian share market, reinforcing its domestic activity. The ASX remains the home exchange for Southern Cross Gold, and its continued inclusion in the all ordinaries provides broad market exposure to Australian participants. SX2’s focus on gold exploration aligns with one of the core industries represented on the ASX.

Sector Integration and Listing Developments

Mining remains a foundational component within Australia’s key indices, including the all ordinaries and ASX 300. Southern Cross Gold’s ongoing inclusion in these indices consistent activity within its operational segment. The planned TSX main board listing represents an administrative shift rather than a strategic relocation, supporting a broader dual-market alignment strategy.

TORONTO, ON AND LONDON, UK / ACCESS Newswire / June 19, 2025 / Retained executive search firm Caldwell (TSX:CWL)(OTCQX:CWLPF) today announced that Simon Hall and Michelle De Biolley have joined the firm, bolstering Caldwell’s capabilities in board governance and financial services leadership. Hall joins as a partner and key member of the firm’s Board & CEO and Financial Services practices, while De Biolley joins as a partner in the Financial Services Practice.

Simon Hall joins Caldwell as a Partner in the Board & CEO and Financial Services practices, bringing over 30 years of global executive search and board advisory experience.

Hall brings more than 30 years of experience advising boards and senior executive teams on leadership strategy, succession planning, and executive search. He has worked extensively with global and boutique investment banks, private equity firms, and financial institutions, placing top-tier talent in CEO, board, and senior leadership roles. His ability to understand the nuances of the sector and connect organizations with exceptional leadership has made him a trusted advisor in the industry. Prior to joining Caldwell, Hall founded and led Stonehaven International, a London-based boutique executive search firm specializing in financial services and board governance. He also previously served as global managing partner at Heidrick & Struggles, where he played a pivotal role in doubling the revenues of the firm’s global financial services practice.

“Simon’s arrival represents a major step forward in the continued evolution of our Board and CEO Practice,” said Jay Millen, leader of Caldwell’s Board and CEO Practice. “His deep experience in board governance, coupled with his proven ability to identify and place transformative leadership talent, will be invaluable to our clients. I look forward to working alongside him as we continue to strengthen our capabilities and provide unparalleled service to boards and executive teams worldwide.”

Michelle de Biolley joins Caldwell as a Partner in the Financial Services Practice, bringing deep expertise in executive search across investment banking, private banking, and private equity.

De Biolley brings more than two decades of experience in executive search and leadership advisory across investment banking, private banking, and private equity. She began her career in banking, working in project finance and M&A, and has since served as a trusted advisor to financial institutions across Europe. She is also trained as a business and executive coach, bringing a well-rounded, relationship-driven approach to her work with clients and candidates alike.

“Simon and Michelle bring an incredible track record of success in executive search, particularly in financial services and board governance,” said Chris Beck, CEO of Caldwell. “Their expertise, client-first approach, and history of delivering transformational leadership solutions align perfectly with Caldwell’s values and commitment to quality. Their joining is an exciting development as we continue to invest in world-class talent to meet the evolving needs of our clients.”

Hall commented, “Joining Caldwell is a tremendous opportunity to expand our impact on behalf of clients around the world. The firm’s collaborative culture, global reach, and commitment to excellence create a powerful platform for delivering exceptional leadership solutions. I’m thrilled to be working alongside such a talented and forward-thinking team.”

​​About Caldwell

Caldwell is a leading retained executive search firm connecting clients with transformational talent. Together with IQTalent, we are a technology-powered talent acquisition firm specializing in recruitment at all levels. Through the two distinct brands – Caldwell and IQTalent- the firm leverages the latest innovations in AI to offer an integrated spectrum of services delivered by teams with deep knowledge in their respective areas. Services include candidate research and sourcing through to full recruitment at the professional, executive and board levels, as well as a suite of talent strategy and assessment tools that can help clients hire the right people, then manage and inspire them to achieve maximum business results.

Caldwell’s common shares are listed on The Toronto Stock Exchange (TSX:CWL) and trade on the OTCQX Market (OTCQX:CWLPF). Please visit our website at www.caldwell.com for further information.

For further information, please contact:

Caroline Lomot

Vice President, Marketing & Communications

Caldwell

clomot@caldwell.com

+1 516 830 3535

SOURCE: Caldwell Partners International, Inc.

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Canadian asset manager 3iQ has launched an XRP-focused exchange-traded fund (ETF) on the Toronto Stock Exchange (TSX) under the XRPQ ticker.

According to a June 18 statement, XRPQ will offer investors a six-month waiver on management fees and hold only long-term positions on the digital asset. These assets are sourced from reputable exchanges and over-the-counter (OTC) platforms, and custody is secured through cold storage.

3iQ stated that Ripple, the blockchain firm connected to the token and the XRP Ledger (XRPL), is an early backer of the fund.

Pascal St-Jean, President and CEO of 3iQ, said:

“XRP has demonstrated significant growth potential over the past decade, and this groundbreaking strategy offers Canadian and qualified global investors a transparent, low-cost and tax-efficient way to securely access that opportunity.”

XRPQ is available to Canadian investors through registered accounts. The asset manager added that eligible global investors may also participate, subject to regional rules.

This launch follows a similar move by Purpose Investments, which debuted its own XRP ETF earlier this week.

XRP Ledger activity spikes

The timing of XRPQ’s launch aligns with a notable surge in XRP network activity.

Data from Santiment shows that active addresses on the XRP Ledger have jumped from a three-month average of 40,000 to 295,000, the highest level seen in 2025.

The firm also noted that the number of wallets holding over 1 million XRP has reached a record 2,700. This group now holds a minimum of $2.25 million in XRP each, indicating rising interest from large investors and institutions.

This improved network activity can be linked to the blockchain network’s rising adoption by several stablecoin projects, such as Circle’s USD Coin (USDC).

Moreover, the growth can also be linked to the developments in the long-standing legal battle between the US Securities and Exchange Commission (SEC) and Ripple.

On June 17, the crypto-focused firm submitted a supplemental letter to Judge Analisa Torres in its bid for an indicative ruling.

In the letter, Ripple sought to resolve a past court ruling that ordered a $125 million penalty.

The company emphasized that this move does not challenge the court’s findings. Instead, it aims to conclude proceedings efficiently while respecting securities laws. It also said it remains committed to full compliance and supports a resolution that reduces strain on the appeals process.

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